SBEC Sugar Ltd — Important, 17-10-2025: Company Update

SBEC Sugar Limited's Independent Director Committee (IDC) has assessed the Open Offer from SBEC Systems (India) Limited and its associates to acquire up to 1,23,90,009 equity shares, representing 26.00% of the voting capital. The offer is priced at INR 21.19 per share. The IDC holds the view that this offer price appears fair and reasonable. Shareholders are encouraged to conduct their own independent evaluation of the Open Offer, considering market performance, to make an informed decision regarding tendering their shares. The IDC's assessment was unanimously approved.